Sunday, May 19, 2013 11:52 PM EST

IMF

The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development. It also offers highly leveraged loans mainly to poorer countries. Its headquarters are located in Washington, D.C., United States.

Headlines Around the Web

IMF’s major mea culpa

Jan 15 - Financial Post

Articles About IMF

Japanese stocks rallied during the week
Asian Markets Weekly Update: Broad Gains in Asia While Nikkei Breaches 15,000 Mark

By IBTimes UK

The US dollar hit a new high versus the yen at the end of the week, its highest since October 2008. (May 18)

MORE TOPICS: CHINA, FEDERAL RESERVE, BEN BERNANKE, MANUFACTURING, RETAIL SALES, GDP

Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF

By Reuters

The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. (May 18)

MORE TOPICS: EUROPEAN UNION, GDP, INTERNATIONAL MONETARY FUND

Mark Carney
Mark Carney 'will Start BoE Governorship with Mistakes'

By IBTimes UK

UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July. (May 17)

MORE TOPICS: GOLDMAN SACHS, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND, INVESTMENT, LONDON

Central banks saved world economy, now beware the fallout - IMF

By Reuters UK

Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday. (May 17)

MORE TOPICS: FEDERAL RESERVE, GDP, JAPAN, BANK OF JAPAN, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND

Europe banks hesitate to join rush for new share capital

By Reuters UK

A wave of investor demand that has allowed Deutsche Bank and two other lenders to raise six billion euros (5 billion pounds)in new share capital in the past month is unlikely to prompt other European banks to go to their shareholders for more cash. (May 16)

MORE TOPICS: COMMERZBANK, DEUTSCHE BANK, LEHMAN BROTHERS, ROYAL BANK OF SCOTLAND, PORTUGAL, GERMANY

IMF board OKs Cyprus loan, warns of risks

By Reuters UK

The International Monetary Fund's executive board approved a $1.3 billion (853.7 million pounds), three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid defaulting on its debt. (May 16)

MORE TOPICS: EUROPEAN UNION, GDP

IMF board OKs $1.3 billion loan for Cyprus

By Reuters UK

The IMF's executive board approved a $1.3 billion (854.2 million pounds), three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid defaulting on its debt. (May 16)

Egypt judges suspend talks with Mursi over disputed reforms

By Reuters UK

Senior Egyptian judges halted talks with President Mohamed Mursi on judicial reforms on Wednesday after parliament decided to discuss the proposed laws despite presidential promises to seek consensus first. (May 16)

MORE TOPICS: ELECTIONS, EGYPT, INTERNATIONAL MONETARY FUND

Supporters of the Pakistan Muslim League - Nawaz (PML-N) hold a portrait of party leader Nawaz Sharif as they attend an election campaign rally in Rawalpindi May 7, 2013.
Pakistan's Nawaz Sharif Seeks to Ease Mistrust with India

By Reuters

Nawaz Sharif, poised to become prime minister for a third time after a decisive victory in Pakistan's election, said on Monday the mistrust that has long dogged relations with India must be tackled. (May 14)

MORE TOPICS: PAKISTAN, ELECTIONS, INDIA, INTERNATIONAL MONETARY FUND, JUDICIARY

Greece plans bond market return first half of next year - PM

By Reuters UK

Greece plans to sell bonds at some point early in 2014, ending four years of exclusion from international capital markets, the country's Prime Minister Antonis Samaras said on Monday. (May 14)

MORE TOPICS: PORTUGAL, EUROPEAN CENTRAL BANK, INTERNATIONAL MONETARY FUND